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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Revenues $ 538,976 $ 464,264 $ 1,565,146 $ 1,412,703
Operating expenses:        
Cost of revenues, exclusive of depreciation 271,156 235,474 793,943 696,565
Business units - Selling, general and administrative expenses, exclusive of depreciation 76,639 70,914 229,193 214,645
Corporate - General and administrative expenses, exclusive of depreciation 17,593 12,881 41,522 42,462
Depreciation 14,262 15,186 41,594 41,721
Amortization of intangible assets 8,047 5,395 22,791 16,172
Asset impairment and other (gains) charges (3,005) 7,553 (9,331) 11,086
Total 384,692 347,403 1,119,712 1,022,651
Operating income 154,284 116,861 445,434 390,052
Non-operating income (expense):        
Equity income (loss) in unconsolidated investments, net 771 866 15,080 (1,549)
Interest expense (48,226) (51,855) (145,055) (162,113)
Other non-operating items, net (214) (3,671) (13,005) (26,853)
Total (47,669) (54,660) (142,980) (190,515)
Income before income taxes 106,615 62,201 302,454 199,537
Provision for income taxes 13,789 11,447 61,929 54,855
Net Income from continuing operations 92,826 50,754 240,525 144,682
Income (loss) from discontinued operations, net of tax 4,325 (10,803) 4,325 (233,261)
Net income (loss) 97,151 39,951 244,850 (88,579)
Net loss attributable to noncontrolling interests from discontinued operations 0 2,806 0 58,698
Net income (loss) attributable to TEGNA Inc. $ 97,151 $ 42,757 $ 244,850 $ (29,881)
Earnings from continuing operations per share - basic (in dollars per share) $ 0.43 $ 0.24 $ 1.11 $ 0.67
Earnings (loss) from discontinued operations per share - basic (in dollars per share) 0.02 (0.04) 0.02 (0.81)
Net income (loss) per share – basic (In dollars per share) 0.45 0.20 1.13 (0.14)
Earnings from continuing operations per share - diluted (in dollars per share) 0.43 0.23 1.11 0.66
Earnings (loss) from discontinued operations per share - diluted (in dollars per share) 0.02 (0.04) 0.02 (0.80)
Net income (loss) per share – diluted (In dollars per share) $ 0.45 $ 0.19 $ 1.13 $ (0.14)
Weighted average number of common shares outstanding:        
Basic shares (in shares) 216,015 215,863 216,210 215,558
Diluted shares (in shares) 216,348 218,095 216,617 217,827
Dividends declared per share (in dollars per share) $ 0.07 $ 0.07 $ 0.21 $ 0.28